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Tag Archives | AVI


New York Times eyes S. Philly gentrification. How are new arrivals blending?

As part of a national roundup on how cities are dealing with gentrification, the New York Times honed in on our fair city, specifically our fair neighborhood:

Rene Goodwin, who lives in the same South Philadelphia neighborhood her grandparents lived in during the 1920s, has seen the value of her home rise to $281,000 from $90,000 in a single year.

“To keep an urban area vital, there has to be an infusion of new people and buildings, but that doesn’t mean you destroy people who have kept up the neighborhood, who’ve swept the sidewalk,” she said. “It’s that commitment that has made developers interested in the neighborhood — and then you’re going to penalize the people who’ve stayed?”

Pic of Renee Goodwin by Jessica Kourkounis for The New York Times

Pic of Renee Goodwin by Jessica Kourkounis for The New York Times

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Still confused/infuriated about those property assessments?

AVI2If you’re still befuddled, the city wants to clear up a few things about the property assessments that were sent out this month under the city’s new Actual Value Initiative. You can get all your questions answered – well, some, anyway – by attending one of three public meetings scheduled throughout the city this week.

Luckily, you won’t have to go far. One is on Saturday March 9 at Neumann-Goretti, 11th and Moore streets, from 10 a.m. to 5 p.m.

Newsworks reports that Mayor Nutter has gotten wind of the griping and is standing his ground. Continue Reading →

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Commercial corridors getting slammed under AVI. What does that mean for E. Passyunk BID?

Lynn Rinaldi, who owns Paradiso and Izumi with her husband Corey Braver, will have to pay another $3,200 a year in property taxes under the city’s new Actual Value Initiative just for Paradiso’s building, she told the Daily News. That increase is among the worst in the city but it’s not out of the ordinary for Passyunk businesses.

It’s a big building, but is it worth nearly $7,000 a year in property taxes?

In fact, small businesses like Rinaldi’s and commercial corridors in booming neighborhoods are getting slapped with a particularly high burden in this transition to AVI. That fact often gets drowned out in the debate by the flood of complaints from homeowners around here who are getting hit with massive tax increases.

So, if Passyunk’s commercial properties have to pay more, doesn’t that mean their assessment for the East Passyunk Avenue Business Improvement District will also go up? Not so fast.

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Here’s what your house is worth under AVI

Click the link below to get to this

The Mayor’s Office just released all the new values of homes in the entire city, so now at least you can estimate what you are probably going to have to pay.

Here’s how it works. Go to this website and enter your address to find the assessed value. Either say a prayer of thanks or curse the assessor who laid eyes upon your home.

Then it gets a little complicated. Continue Reading →

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What's Happening in:  Pennsport 

Pennsport civic hosting AVI meeting for all South Philly folk

Confused/terrified about AVI? Well, you can at least get some questions answered – even though you won’t be any less scared by the end – at a meeting sponsored by the Pennsport Civic Association on Monday night.

AVI is the Actual Value Initiative, aka the reason everyone’s property taxes and probably rents will skyrocket starting next year. The new assessments are supposed to be mailed out next month, though that won’t mean you know what you’re paying because City Council hasn’t set the property-tax rate yet. The talk most recently was 1.3 percent of value or 1.4 percent with a $30,000 homestead exemption. Of course, that could always change.

Still confused? We are too, but the good folks at the Pennsport civic are inviting everyone from the neighborhood to the meeting, and you don’t have to live within its boundaries to attend. It happens Monday at 7 p.m. at the Ed O’Malley Athletic Association, 142 Moore St. Councilmen Mark Squilla, Jim Kenney and other civic minded people are scheduled to sit on a panel that will field questions.
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